Attorney General Matthew Platkin is the latest to narrow in on the apartment data giant, alleging it operated as a ‘cartel’ along with some of the nation’s largest property management firms
The company has become a lightning rod in debates about rental pricing software. It also remains the subject of a civil lawsuit over alleged antitrust allegations
‘Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,’ Attorney General Merrick Garland said on Friday
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a 'price-fixing combination'